The XRP community thinks the case may have “cooled off a bit”, wondering if the litigation between Ripple and the SEC will continue behind closed doors from now on.
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Since no news about the Ripple vs SEC lawsuit has been shared with the XRP community recently, Twitter user Martin Valk addressed members of the XRP community, questioning whether this would mean the litigation between Ripple and the regulator would continue behind closed doors. The people Valk tagged in his tweet were attorneys Jeremy Hogan and James K. Filan, as well as John E. Deaton, founder of the Crypto-Law.us portal.
In particular, Valk wondered if there were any other known hearing dates or if that information had been made public after that. One of the commenters referred to the pinned tweet on James K. Filan’s Twitter page, which shows a table of planned events related to the lawsuit filed by the regulator against Ripple.
As it turns out, deadlines for facts and expert exploration are scheduled for late August and mid-October. As previously reported, the fintech giant has hired two more lawyers to work on the case. Nicole Tatz of the law firm Cleary Gottlieb Steen & Hamilton LLP will represent the interests of current CEO Bradley Garnlighouse in court.
Sarah J. Prostko of the law firm Paul, Weiss, Rifkind, Wharton & Garrison will defend Christopher Larsen, co-founder and former CEO of Ripple.